Monday 25 March
Duterte kills corruption-plagued Road Board Aug 9, 2018 @ 8:17

I hate gambling! Duterte fumes after learning Landing Casino got 75-year lease from Nayong Pilipino

 

President Rodrigo Duterte on Wednesday slammed the door on Landing Group’s $1.5 billion casino as he declared he would not grant permits for the construction of new casinos.

“Yesterday I fired the council of Nayong Pilipino, all of them. You do not give gambling licenses or franchise for 75 years. Mean to say that a child is born today and 75 years later, he is that old. There will still be gambling in the city,” said Duterte n his speech during the 117th Anniversary of the Philippine National Police (PNP) at Camp Crame in Quezon City.

Two days ago, Duterte announced in a Cabinet meeting that he fired the entire board and management of the Nayong Pilipino Foundation Inc. (NPFI) for leasing its property for a $1.5 billion casino resort in Para?aque City.

?I will not allow it. I hate gambling. I do not want it. There will be no casinos outside of what are existing here.I am not granting anything. Basta gambling ayaw ko. Better look for something more enticing just waging your — to wager a war, a money,” said Duterte.

Earlier, Presidential Spokesperson Harry Roque said Duterte has instructed the Department of Justice (DOJ) to review a lease contract that NPFI has entered into with Landing Resorts Philippines Development Corp. (LRPDC).

Roque said the President was like ?fire-breathing dragon? when he announced the sacking of the NPFI officials.

He said Duterte has described the deal as “gravely disadvantageous” to the government.

It was not the first time the President has stopped the construction of new casino.

Duterte earlier ordered to stop any casino project in Boracay Island despite Philippine Amusement and Gaming Corporation’s (Pagcor) provisional license given to Macau-based Galaxy Entertainment Group.

The Galaxy Entertainment and its local partner Leisure and Resorts World Corporation are supposed to build a $500 million casino resort in Boracay Island. (PNA)

Please follow and like us:

Tags: , , , , , , , , , ,

Related Stories
After seven long years, NLEX Corp. secured the government's approval to collect a total of
The Department of Transportation will auction the operation and maintenance (O&M) of the P356 billion
The launching of the Metro Manila Subway is set to be held by late February,
Bloomberry Resorts Corp. has tapped a P40 billion syndicated loan facility to bankroll the construction


 

Trending News

Recommended on sister sites

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.